WisdomTree Bitcoin Fund
For the period ended Jun 30, 2024. Filed Aug 14, 2024.
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Jun 30, 2024 · Filed Aug 14, 2024
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Item 1A. Risk Factors
There are no material changes from risk factors as previously disclosed in the Trust’s Annual Report on Form 10-K for the period ended December 31, 2023 filed March 29, 2024.
WisdomTree, Inc., the parent of the Sponsor, purchased: (i) 1,000 Shares at a price per Share of $50 on December 22, 2023 for proceeds of $50,000, and (ii) 49,000 Shares at a price per Share of $50 on January 8, 2024 for proceeds of $2,450,000, for a total of $2,500,000, resulting in total ownership of 50,000 Shares. The issuance of such Shares was effected in reliance upon an exemption from registration provided by Section 4(a)(2) of the 1933 Act.
Although the Trust does not purchase Shares directly from its shareholders, in connection with the redemption of Baskets, the Trust redeemed 100,000 Shares (20 Baskets) during the quarter ended June 30, 2024 as set forth in the table below:
| Period | Total Number of Shares Redeemed | Average price of Bitcoin Per Share |
|---|---|---|
| April 1, 2024 – April 30, 2024 | — | — |
| May 1, 2024 – May 31, 2024 | 100,000 | $61.50 |
| June 1, 2024 – June 30, 2024 | — | — |
| Total | 100,000 | $61.50 |
None.
Not applicable.
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